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Author
Publisher
FT Press
Pub. Date
©2009
Edition
Updated ed.
Physical Desc
1 online resource (x, 284 pages)
Language
English
Description
Examines the underlying causes of the current mortgage crisis, from irresponsible lenders and predatory speculators to home "flippers" and less-than-truthful borrowers, and provides advice for reforms and regulations which could prevent a recurrence in the future
Author
Publisher
FT Press
Language
English
Formats
Description
"The obvious place to start is the financial crisis and the clearest guide to it that I've read is Financial Shock by Mark Zandi. ... it is an impressively lucid guide to the big issues."--The New York Times "In Financial Shock, Mr. Zandi provides a concise and lucid account of the economic, political and regulatory forces behind this binge." -- The Wall Street Journal "Aggressive builders, greedy lenders, optimistic home buyers: Zandi succinctly...
Author
Series
Publisher
[FTPress Delivers]
Pub. Date
[©2010]
Physical Desc
1 online resource ([7] pages) : illustrations.
Language
English
Description
This Element is an excerpt form Financial Shock: Global Panic and Government Bailouts--How We Got Here and What Must Be Done to Fix It (ISBN: 9780137016631) by Mark Zandi. Available in print and digital formats. Pull back the curtain on the subprime mortgage collapse and discover what really happened. To fully understand the subprime mortgage implosion, you need to know how subprime mortgages were financed. Fundamentally, loans either are financed...
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